13F-HR 1 a13f-hr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2000 ----------------------- Check Here if Amendment / /; Amendment Number: --------- This Amendment (Check only one.): / / is a restatement. / / adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Sun Life Assurance Company of Canada ------------------------------------ Address: 150 King Street West ------------------------------------ Toronto, Ontario ------------------------------------ CANADA ------------------------------------ Form 13F File Number: 28- ----------------------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Josephine Marks ------------------------------- Title: Vice President, Investments ------------------------------- Phone: 416-979-6188 ------------------------------- Signature, Place, and Date of Signing: /s/ Josephine Marks TORONTO June 9, 2000 ------------------------------- ----------------- ------------- [Signature] [City, State] [Date] Report Type (Check only one.): /x/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) / / 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) / / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28- --------------- ------------------------------------ [Repeat as necessary.]

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 --------------------------------- ---------------- --------- -------- ----------------- ---------- --------- ----------------------- VALUE SHRS OR SH/ PUT/ INVSTMNT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE --------------------------------- ---------------- --------- -------- -------- --- ---- ---------- --------- -------- -------- ----- ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------

[Repeat as necessary]

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 VALUE SHRS OR NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT U.S Company Common Stock - U.S. Operations Adaptec COM 00651F108 7,477 188,389 Albertson's COM 013104104 4,231 106,936 Alteon Websystems Inc. COM 02145A109 16,434 187,281 Antec Corp COM 03664P105 8,967 200,096 Apartment Invt & Mgmt Co-A CL A 03748R101 2,670 69,810 Archer Daniels Midland Co COM 039483102 6,962 574,153 Avalon Bay Communities Inc COM 053484101 4,910 144,951 BRE Properties CL A 05564E106 3,040 127,014 Baker Hughes Inc. COM 057224107 4,760 164,142 CBL & Associates Properties COM 124830100 3,101 126,913 CIT Group Class A CL A 125577106 7,132 346,859 Cadence Design System COM 127387108 10,705 800,342 Centerpoint Properties Trust SH BEN INT 151895109 2,458 72,818 Columbia Healthcare COM 197677107 7,461 352,110 Concord Communications, Inc. COM 206186108 3,172 89,194 Conoco Inc-CL B CL B 208251405 5,986 218,680 Copper Mountain Networks Inc COM 217510106 19,901 227,116 Crown Cork & Seal COM 228255105 5,002 206,263 Cyberonics COM 23251P102 678 37,926 Dentsply International Inc. COM 249030107 342 15,051 Developers Diversified Realty COM 251591103 1,556 111,154 Dole Foods Company COM 256605106 4,996 262,924 Duke-Weeks Realty Corp COM NEW 264411505 1,280 65,652 EOG Resources COM 26875P101 1,268 72,202 Engelhard Corp. COM 292845104 7,465 409,056 Equifax Inc. COM 294429105 10,553 417,925 Equity Office Properties Trust COM 294741103 3,745 161,081 Equity Residential Properties SH BEN INT 29476L107 2,945 69,489 Exide Corp COM 302051107 6,894 720,891 First Industrial Realty Trust COM 32054K103 1,207 48,772 Franchise Finance Corporation COM 351807102 1,301 55,637 GATX Corporation COM 361448103 7,768 250,078 GTE Corp COM 362320103 10,488 136,430 General Growth Properties COM 370021107 2,421 76,850 Healthsouth Corporation COM 421924101 7,954 1,298,586 Heller Financial Inc CL A 423328103 8,102 360,103 Highwoods Properties Inc. COM 431284108 2,008 77,607 Host Marriot Corp COM 44107P104 2,233 235,000 Hubbell Inc. Class A CL A 443510102 516 15,346 Hubbell Inc. Class B CL B 443510201 3,732 117,093 IRT Property Co. COM 450058102 2,475 275,000 Intermedia Communicatins Inc. COM 458801107 5,145 236,560 International Paper Co COM 460146103 3,088 64,247 Kimco Realty Corp COM 49446R109 3,734 104,442 LSI Logic Corp COM 502161102 5,674 109,122 Lucent Technologies Inc COM 549463107 9,251 149,205 Macerich Company COM 554382101 1,461 63,195 Mack-Cali Realty Corp COM 554489104 2,281 85,060 Manor Care Inc. COM 564055101 6,999 437,442 Mead Corporation COM 582834107 1,534 44,630

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN CALL DISCRETION MANAGERS SOLE SHARED NONE U.S Company Common Stock - U.S. Operations Adaptec SH SOLE 188,389 Albertson's SH SOLE 106,936 Alteon Websystems Inc. SH SOLE 187,281 Antec Corp SH SOLE 200,096 Apartment Invt & Mgmt Co-A SH SOLE 69,810 Archer Daniels Midland Co SH SOLE 574,153 Avalon Bay Communities Inc SH SOLE 144,951 BRE Properties SH SOLE 127,014 Baker Hughes Inc. SH SOLE 164,142 CBL & Associates Properties SH SOLE 126,913 CIT Group Class A SH SOLE 346,859 Cadence Design System SH SOLE 800,342 Centerpoint Properties Trust SH SOLE 72,818 Columbia Healthcare SH SOLE 352,110 Concord Communications, Inc. SH SOLE 89,194 Conoco Inc-CL B SH SOLE 218,680 Copper Mountain Networks Inc SH SOLE 227,116 Crown Cork & Seal SH SOLE 206,263 Cyberonics SH SOLE 37,926 Dentsply International Inc. SH SOLE 15,051 Developers Diversified Realty SH SOLE 111,154 Dole Foods Company SH SOLE 262,924 Duke-Weeks Realty Corp SH SOLE 65,652 EOG Resources SH SOLE 72,202 Engelhard Corp. SH SOLE 409,056 Equifax Inc. SH SOLE 417,925 Equity Office Properties Trust SH SOLE 161,081 Equity Residential Properties SH SOLE 69,489 Exide Corp SH SOLE 720,891 First Industrial Realty Trust SH SOLE 48,772 Franchise Finance Corporation SH SOLE 55,637 GATX Corporation SH SOLE 250,078 GTE Corp SH SOLE 136,430 General Growth Properties SH SOLE 76,850 Healthsouth Corporation SH SOLE 1,298,586 Heller Financial Inc SH SOLE 360,103 Highwoods Properties Inc. SH SOLE 77,607 Host Marriot Corp SH SOLE 235,000 Hubbell Inc. Class A SH SOLE 15,346 Hubbell Inc. Class B SH SOLE 117,093 IRT Property Co. SH SOLE 275,000 Intermedia Communicatins Inc. SH SOLE 236,560 International Paper Co SH SOLE 64,247 Kimco Realty Corp SH SOLE 104,442 LSI Logic Corp SH SOLE 109,122 Lucent Technologies Inc SH SOLE 149,205 Macerich Company SH SOLE 63,195 Mack-Cali Realty Corp SH SOLE 85,060 Manor Care Inc. SH SOLE 437,442 Mead Corporation SH SOLE 44,630

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 VALUE SHRS OR NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT U.S Company Common Stock - U.S. Operations Meristar Hospitatlity Corp COM 58984Y103 1,066 69,320 Midway Games Inc COM 598148104 5,125 325,367 Mylan Laboratories COM 628530107 7,349 399,938 Parametric Technology Corp COM 699173100 8,716 645,600 Pep-Boys Manny, Moe & Jack COM 713278109 7,972 535,941 Pepsico Inc COM 713448108 5,973 195,837 Philip Morris Inc COM 718154107 7,502 219,433 Prologis Trust SH BEN INT 743410102 2,987 158,254 Public Storage Inc. COM 74460D109 3,484 138,329 Questar Corp COM 748356102 2,786 153695 Reckson Associates Realty Corp COM 75621K106 2,914 140,029 SBC Communications, Inc. COM 78387G103 2,923 59,952 SL Green Realty Corp COM 78440X101 4,168 203,333 Sears, Roebuck & Co COM 812387108 2,179 69,436 Simon Debartolo Group Inc COM 828806109 992 44,192 Spieker Properties Inc COM 848497103 2,178 62,788 Tenneco Automotive Inc. COM 880349105 2,785 299,080 Stancorp Financial Group COM 852891100 8,564 340,000 Storage Technology COM PAR $0.10 862111200 7,758 420,770 Texas Utilities Co COM 882848104 3,197 85,674 Unova Inc COM 91529B106 3,140 234,777 UnumProvident Corp. COM 91529Y106 6,451 219,136 Vicor Corp COM 925815102 4,232 186,531 Vitria Technology Inc. COM 92849Q104 26,009 111,150 World Equity Benchmark AUSTRALIA WEBS 92923H103 559 54,192 World Equity Benchmark BELGIUM WEBS 92923H301 232 14,722 World Equity Benchmark FRANCE WEBS 92923H509 2,038 88,366 World Equity Benchmark GERMANY WEBS 92923H608 1,990 95,052 World Equity Benchmark HONG KONG WEBS 92923H707 666 58,511 World Equity Benchmark UNITED KINGDOM 92923H798 4,813 236,950 World Equity Benchmark ITALY WEBS 92923H806 879 39,862 World Equity Benchmark SWITZRLND WEBS 92923H814 1,496 95,365 World Equity Benchmark SWEDEN WEBS 92923H822 492 21,979 World Equity Benchmark SPAIN WEBS 92923H830 591 23,638 World Equity Benchmark SINGAPORE WEBS 92923H848 382 50,074 World Equity Benchmark NETHERLND WEBS 92923H855 1,165 51,224 World Equity Benchmark JAPAN WEBS 92923H889 6,078 436,096 Waste Management Inc COM 94106L109 4,764 247,455 Watson Pharmaceuticals Inc COM 942683103 7,538 246,634 U.S. Company Stocks - Canadian Operations Standard & Poor's Dep Receipts Index Units - US Unclassified 78462F103 46,177 306,700 National Oilwell Common - US Energy 637071101 73 2,361 Kellog Co Common - US Food 487836108 334 13,036 Chevron Corp Common - US Energy 166751107 1,134 12,263 Proctor & Gamble Co Common - US Capital Goos 742718109 963 17,123 Heinz H J Co Common - US Consumer Staples 423074103 11 313 Coca Cola Co Common - US Consumer Staples 191216100 25 522 Pfizer Inc Common - US Consumer Staples 717081103 2,676 73,195 Household International Inc Common - US Financial 441815107 732 19,615 Newell Rubbermaid Inc Common - US Consumer Staples 651229106 166 6,689 MCI WorldCom Inc Common - US Utilities 55268B106 1,608 35,482 Kimberley Clark Common - US Basic Industries 494368103 258 4,609

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN CALL DISCRETION MANAGERS SOLE SHARED NONE U.S Company Common Stock - U.S. Operations Meristar Hospitatlity Corp SH SOLE 69,320 Midway Games Inc SH SOLE 325,367 Mylan Laboratories SH SOLE 399,938 Parametric Technology Corp SH SOLE 645,600 Pep-Boys Manny, Moe & Jack SH SOLE 535,941 Pepsico Inc SH SOLE 195,837 Philip Morris Inc SH SOLE 219,433 Prologis Trust SH SOLE 158,254 Public Storage Inc. SH SOLE 138,329 Questar Corp SH SOLE 153,695 Reckson Associates Realty Corp SH SOLE 140,029 SBC Communications, Inc. SH SOLE 59,952 SL Green Realty Corp SH SOLE 203,333 Sears, Roebuck & Co SH SOLE 69,436 Simon Debartolo Group Inc SH SOLE 44,192 Spieker Properties Inc SH SOLE 62,788 Tenneco Automotive Inc. SH SOLE 299,080 Stancorp Financial Group SH SOLE 340,000 Storage Technology SH SOLE 420,770 Texas Utilities Co SH SOLE 85,674 Unova Inc SH SOLE 234,777 UnumProvident Corp. SH SOLE 219,136 Vicor Corp SH SOLE 186,531 Vitria Technology Inc. SH SOLE 111,150 World Equity Benchmark SH SOLE 54,192 World Equity Benchmark SH SOLE 14,722 World Equity Benchmark SH SOLE 88,366 World Equity Benchmark SH SOLE 95,052 World Equity Benchmark SH SOLE 58,511 World Equity Benchmark SH SOLE 236,950 World Equity Benchmark SH SOLE 39,862 World Equity Benchmark SH SOLE 95,365 World Equity Benchmark SH SOLE 21,979 World Equity Benchmark SH SOLE 23,638 World Equity Benchmark SH SOLE 50,074 World Equity Benchmark SH SOLE 51,224 World Equity Benchmark SH SOLE 436,096 Waste Management Inc SH SOLE 247,455 Watson Pharmaceuticals Inc SH SOLE 246,634 U.S. Company Stocks - Canadian Operations Standard & Poor's Dep Receipts SOLE 306,700 National Oilwell SOLE 2,361 Kellog Co SOLE 13,036 Chevron Corp SOLE 12,263 Proctor & Gamble Co SOLE 17,123 Heinz H J Co SOLE 313 Coca Cola Co SOLE 522 Pfizer Inc SOLE 73,195 Household International Inc SOLE 19,615 Newell Rubbermaid Inc SOLE 6,689 MCI WorldCom Inc SOLE 35,482 Kimberley Clark SOLE 4,609

Column 4 Value amounts are stated in U.S. dollars.

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 VALUE SHRS OR NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT U.S. Company Common Stock - SLCAM - U.K. Operations AMER.EXPRESS COM 025816109 7,268 48,800 AMER.INTL.GP. COM 026874107 16,187 147,825 ANHEUSER-BUSCH COM 035229103 4,501 72,300 AT & T COM 00195$W1R 17,665 313,700 BANK OF AMERICA COM 060505104 5,134 97,912 BESTFOODS COM 08658U101 7,050 150,600 BRISTOL MYERS SQUIBB COM 110122108 9,645 166,300 CHASE MANHATTAN COM 1611A108 11,936 136,900 CISCO SYSTEMS COM 17275R102 31,915 412,800 CITIGROUP COM 172967101 14,768 246,650 COLGATE-PALM. COM 194162103 8,642 153,300 CORNING COM 219350105 8,730 45,000 COX COMMUNICATIONS 'A' COM 224044107 5,233 107,900 DU PONT E I DE NEMOURS COM 263534109 10,900 205,900 E-TEK DYN. COM 269240107 12,303 52,300 EL PASO EN. COM 24379PAA5 7,316 181,200 EMC MASS. COM 268648102 15,700 124,600 EMERSON ELECTRIC COM 291011104 8,070 151,900 EXXON MOBIL COM 30231G102 18,590 238,526 FIRST DATA COM 319963104 7,207 162,400 GAP COM 364760108 6,002 120,500 GEN.ELEC. COM 369604103 24,558 157,800 GTE COM 362320103 8,669 122,100 HOME DEPOT COM 437076102 7,672 118,950 ILLINOIS TOOL WKS. COM 452308109 6,370 115,300 INFINITY BCAST.'A' NEW COM 45662S102 4,720 145,800 INFONET SER.'B' COM 45666T106 4,783 211,400 INTEL COM 458140100 20,556 155,800 INTL.BUS.MACH. COM 459200101 12,909 109,400 LUCENT TECHNOLOGIES COM 549463107 8,428 137,600 MELLON FINL. COM 58551A108 8,199 275,600 MERCK COM 589331107 11,605 186,800 MICROSOFT COM 594918104 21,813 205,300 PEPSICO COM 713448108 7,679 220,200 PFIZER COM 717081103 9,378 256,500 PHARMACIA & UPJOHN DEAD - MERGER 902221 COM 716941109 8,830 148,400 PHELPS DODGE COM 717265AH5 4,979 105,100 SAVVIS COMMS. COM 805423100 264 15,000 SBC COMMUNICATIONS COM 78387G103 8,570 203,432 SCHERING-PLOUGH COM 806605101 9,812 264,300 SUN MICROSYSTEMS COM 866810104 7,974 85,100 SYSCO COM 871829107 7,319 202,600 TARGET COM 87612E106 7,924 106,000 TEXACO COM 881694$04 6,891 128,200 TEXAS INSTS. COM 882508104 11,248 70,300 THERMA-WAVE COM 88343A108 680 20,000 TIME WARNER COM 887315109 10,810 108,100 UNITED TECHNOLOGIES COM 913017109 8,859 140,200 WAL MART STORES COM 931142103 7,820 138,400 WARNER LAMBERT COM 934488107 7,463 76,400 WORLDCOM GA COM 98155KAH5 9,500 209,650

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN CALL DISCRETION MANAGERS SOLE SHARED NONE U.S. Company Common Stock - SLCAM - U.K. Operations AMER.EXPRESS SH SOLE 48,800 AMER.INTL.GP. SH SOLE 147,825 ANHEUSER-BUSCH SH SOLE 72,300 AT & T SH SOLE 313,700 BANK OF AMERICA SH SOLE 97,912 BESTFOODS SH SOLE 150,600 BRISTOL MYERS SQUIBB SH SOLE 166,300 CHASE MANHATTAN SH SOLE 136,900 CISCO SYSTEMS SH SOLE 412,800 CITIGROUP SH SOLE 246,650 COLGATE-PALM. SH SOLE 153,300 CORNING SH SOLE 45,000 COX COMMUNICATIONS 'A' SH SOLE 107,900 DU PONT E I DE NEMOURS SH SOLE 205,900 E-TEK DYN. SH SOLE 52,300 EL PASO EN. SH SOLE 181,200 EMC MASS. SH SOLE 124,600 EMERSON ELECTRIC SH SOLE 151,900 EXXON MOBIL SH SOLE 238,526 FIRST DATA SH SOLE 162,400 GAP SH SOLE 120,500 GEN.ELEC. SH SOLE 157,800 GTE SH SOLE 122,100 HOME DEPOT SH SOLE 118,950 ILLINOIS TOOL WKS. SH SOLE 115,300 INFINITY BCAST.'A' NEW SH SOLE 145,800 INFONET SER.'B' SH SOLE 211,400 INTEL SH SOLE 155,800 INTL.BUS.MACH. SH SOLE 109,400 LUCENT TECHNOLOGIES SH SOLE 137,600 MELLON FINL. SH SOLE 275,600 MERCK SH SOLE 186,800 MICROSOFT SH SOLE 205,300 PEPSICO SH SOLE 220,200 PFIZER SH SOLE 256,500 PHARMACIA & UPJOHN DEAD - MERGER 902221 SH SOLE 148,400 PHELPS DODGE SH SOLE 105,100 SAVVIS COMMS. SH SOLE 15,000 SBC COMMUNICATIONS SH SOLE 203,432 SCHERING-PLOUGH SH SOLE 264,300 SUN MICROSYSTEMS SH SOLE 85,100 SYSCO SH SOLE 202,600 TARGET SH SOLE 106,000 TEXACO SH SOLE 128,200 TEXAS INSTS. SH SOLE 70,300 THERMA-WAVE SH SOLE 20,000 TIME WARNER SH SOLE 108,100 UNITED TECHNOLOGIES SH SOLE 140,200 WAL MART STORES SH SOLE 138,400 WARNER LAMBERT SH SOLE 76,400 WORLDCOM GA SH SOLE 209,650

Dollar Amounts are shown in (pound)s

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 VALUE SHRS OR NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT U.S. Company Company Stock - McLean Budden ALLTEL CORP COMMON CUM RTS US - UTILITIES 02003910 A 7,287 79,500 EL PASO ENRGY CO COMMON CUM RTS US - UTILITIES 28390510 A 117 2,000 ENRON CORP COMMON US - UTILITIES 29356110 A 15,857 145,700 FPL GROUP INC COMMON CUM RTS US - UTILITIES 30257110 A 33 500 GPU INC COMMON CUM RIGHTS US - UTILITIES 36225X10 A 24 600 GTE CORP COMMON CUM RTS US - UTILITIES 36232010 A 1,187 11,500 AMERICAN HOME PR COMMON US - HEALTH CARE 02660910 A 28,500 364,800 AMGEN INC COMMON US - HEALTH CARE 03116210 F 18,877 211,600 BRISTOL MYERS SQ COMMON US - HEALTH CARE 11012210 A 26,336 312,400 JOHNSON & JOHNSO COMMON US - HEALTH CARE 47816010 A 43,274 423,800 MERCK & CO INC COMMON US - HEALTH CARE 58933110 A 5,553 61,500 PFIZER INC COMMON CUM RTS US - HEALTH CARE 71708110 A 21,741 409,100 BANK OF AMERICA COMMON US - FINANCIAL 06050510 A 21,020 275,785 BANK ONE CORPORA COMMON US - FINANCIAL 06423A10 A 1,031 20,642 BERKSHIRE HATHAW CLASS A US - FINANCIAL 08467010 A 333 4 CAPITAL ONE FINL COMMON CUM RTS US - FINANCIAL 14040H10 A 98 1,400 CHASE MANHATTAN COMMON US - FINANCIAL 16161A10 A 31,314 247,100 CHUBB CORP COMMON CUM RTS US - FINANCIAL 17123210 A 15,884 161,750 CITIGROUP INC COMMON US - FINANCIAL 17296710 A 131 1,500 EDWARDS AG INC COMMON CUM RTS US - FINANCIAL 28176010 A 15,250 262,300 FANNIE MAE COMMON US - FINANCIAL 31358610 A 20,755 252,457 FIRST VA BANKS I COMMON CUM RTS US - FINANCIAL 33747710 A 57 1,050 FRANKLIN RES INC COMMON US - FINANCIAL 35461310 A 15,747 324,000 FREDDIE MAC COMMON US - FINANCIAL 31340030 A 77 1,200 MBNA CORP COMMON US - FINANCIAL 55262L10 A 12,635 340,898 MELLON FINL CORP COMMON US - FINANCIAL 58551A10 A 228 5,280 MORGAN J P & CO COMMON US - FINANCIAL 61688010 A 2,087 10,900 MORGAN STAN DN W COMMON CUM RTS US - FINANCIAL 61744644 A 783 6,500 STATE STREET COR COMMON US - FINANCIAL 85747710 A 1,408 10,000 TD WATERHOUSE GR COMMON US - FINANCIAL 87236210 A 11,730 322,800 UNITED ASSET MGM COMMON US - FINANCIAL 90942010 A 65 2,600 HRPT PROPERTIES COM SH BEN INT US - CONSUMER SERVICES 40426W10 A 57 4,500 SENIOR HSG PPTYS SH BEN INT US - CONSUMER SERVICES 81721M10 A 7 450 ABBOTT LABS COMMON US - CONSUMER STAPLES 00282410 A 951 18,600 ANHEUSER BUSCH C COMMON CUM RTS US - CONSUMER STAPLES 03522910 A 1,873 20,700 BECTON DICKINSON COMMON CUM RTS US - CONSUMER STAPLES 07588710 A 306 8,000 BEST FOODS COMMON CUM RIGHTS US - CONSUMER STAPLES 08658U10 A 2,797 41,100 CARDINAL HEALTH COMMON US - CONSUMER STAPLES 14149Y10 A 238 3,563 CLOROX CO COMMON US - CONSUMER STAPLES 18905410 A 691 14,400 COCA COLA CO COMMON US - CONSUMER STAPLES 19121610 A 4,005 58,700 COLGATE PALMOLIV COMMON US - CONSUMER STAPLES 19416210 A 22,689 276,900 CORN PRODS INTL COMMON US - CONSUMER STAPLES 21902310 A 57 1,625 DISNEY WALT CO DISNEY COM(CUM RTS) US - CONSUMER STAPLES 25468710 A 20,801 346,928 FRENCH FRAGANCES COMMON US - CONSUMER STAPLES 35765810 F 20 1,717 FRENCH FRAGRANCE RIGHTS JAN 01 2005 US - CONSUMER STAPLES EFFRANCES 11 1,277 GILLETTE CO COM COMMON US - CONSUMER STAPLES 37576610 A 22,806 416,333 HEINZ H J CO COMMON US - CONSUMER STAPLES 42307410 A 51 1,000 MCDONALDS CORP COMMON US - CONSUMER STAPLES 58013510 A 3,922 72,200

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN CALL DISCRETION MANAGERS SOLE SHARED NONE U.S. Company Company Stock - McLean Budden ALLTEL CORP COMMON CUM RTS SOLE 79,500 EL PASO ENRGY CO COMMON CUM RTS SOLE 2,000 ENRON CORP COMMON SOLE 145,700 FPL GROUP INC COMMON CUM RTS SOLE 500 GPU INC COMMON CUM RIGHTS SOLE 600 GTE CORP COMMON CUM RTS SOLE 11,500 AMERICAN HOME PR COMMON SOLE 364,800 AMGEN INC COMMON SOLE 211,600 BRISTOL MYERS SQ COMMON SOLE 312,400 JOHNSON & JOHNSO COMMON SOLE 423,800 MERCK & CO INC COMMON SOLE 61,500 PFIZER INC COMMON CUM RTS SOLE 409,100 BANK OF AMERICA COMMON SOLE 275,785 BANK ONE CORPORA COMMON SOLE 20,642 BERKSHIRE HATHAW CLASS A SOLE 4 CAPITAL ONE FINL COMMON CUM RTS SOLE 1,400 CHASE MANHATTAN COMMON SOLE 247,100 CHUBB CORP COMMON CUM RTS SOLE 161,750 CITIGROUP INC COMMON SOLE 1,500 EDWARDS AG INC COMMON CUM RTS SOLE 262,300 FANNIE MAE COMMON SOLE 252,457 FIRST VA BANKS I COMMON CUM RTS SOLE 1,050 FRANKLIN RES INC COMMON SOLE 324,000 FREDDIE MAC COMMON SOLE 1,200 MBNA CORP COMMON SOLE 340,898 MELLON FINL CORP COMMON SOLE 5,280 MORGAN J P & CO COMMON SOLE 10,900 MORGAN STAN DN W COMMON CUM RTS SOLE 6,500 STATE STREET COR COMMON SOLE 10,000 TD WATERHOUSE GR COMMON SOLE 322,800 UNITED ASSET MGM COMMON SOLE 2,600 HRPT PROPERTIES COM SH BEN INT SOLE 4,500 SENIOR HSG PPTYS SH BEN INT SOLE 450 ABBOTT LABS COMMON SOLE 18,600 ANHEUSER BUSCH C COMMON CUM RTS SOLE 20,700 BECTON DICKINSON COMMON CUM RTS SOLE 8,000 BEST FOODS COMMON CUM RIGHTS SOLE 41,100 CARDINAL HEALTH COMMON SOLE 3,563 CLOROX CO COMMON SOLE 14,400 COCA COLA CO COMMON SOLE 58,700 COLGATE PALMOLIV COMMON SOLE 276,900 CORN PRODS INTL COMMON SOLE 1,625 DISNEY WALT CO DISNEY COM(CUM RTS) SOLE 346,928 FRENCH FRAGANCES COMMON SOLE 1,717 FRENCH FRAGRANCE RIGHTS JAN 01 2005 SOLE 1,277 GILLETTE CO COM COMMON SOLE 416,333 HEINZ H J CO COMMON SOLE 1,000 MCDONALDS CORP COMMON SOLE 72,200

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 VALUE SHRS OR NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT U.S. Company Company Stock - McLean Budden MEDTRONIC INC COMMON CUM RTS US - CONSUMER STAPLES 58505510 A 150 2,000 NEWELL RUBBERMAI COMMON CUM RTS US - CONSUMER STAPLES 65122910 A 10,539 292,236 PEPSICO INC COMMON US - CONSUMER STAPLES 71344810 A 39,093 771,200 PHILIP MORRIS CO COMMON US - CONSUMER STAPLES 71815410 A 26,086 849,567 PROCTER & GAMBLE COMMON US - CONSUMER STAPLES 74271810 A 1,615 19,581 SARA LEE CORP COMMON CUM RTS US - CONSUMER STAPLES 80311110 A 283 10,800 SCHERING PLOUGH COMMON CUM RTS US - CONSUMER STAPLES 80660510 A 1,965 36,300 SYSCO CORP COMMON CUM RTS US - CONSUMER STAPLES 87182910 A 105 2,000 TIME WARNER INC COMMON CUM RTS US - CONSUMER STAPLES 88731510 A 291 2,000 TRICON GLOBAL RE COMMON CUM RIGHTS US - CONSUMER STAPLES 89595310 A 28 620 USA NETWORKS INC COMMON US - CONSUMER STAPLES 90298410 F 2,296 70,000 UST INC COMMON US - CONSUMER STAPLES 90291110 A 1,106 48,700 WALGREEN CO COMMON CUM RTS US - CONSUMER STAPLES 93142210 A 1,332 35,600 WARNER LAMBERT C COMMON CUM RTS US - CONSUMER STAPLES 93448810 A 5,779 40,700 WENDYS INTL INC COMMON CUM RTS US - CONSUMER STAPLES 95059010 A 1,481 50,475 WRIGLEY WM JR CO COMMON US - CONSUMER STAPLES 98252610 A 257 2,300 ALBERTSONS INC COMMON CUM RTS US - CONSUMER CYCLICAL 01310410 A 12,287 273,800 BLACK & DECKER C COMMON CUM RTS US - CONSUMER CYCLICAL 09179710 A 14,605 267,500 FORD MOTOR CO COMMON US - CONSUMER CYCLICAL 34537010 A 107 1,600 GAP INC COMMON US - CONSUMER CYCLICAL 36476010 A 147 2,025 GENERAL MTRS COR COMMON US - CONSUMER CYCLICAL 37044210 A 301 2,500 HOME DEPOT INC COMMON US - CONSUMER CYCLICAL 43707610 A 1,819 19,400 INTIMATE BRANDS CLASS A US - CONSUMER CYCLICAL 46115610 A 13 210 SOTHEBYS HLDGS I CLASS A US - CONSUMER CYCLICAL 83589810 A 84 3,100 SUPERIOR INDS IN COMMON US - CONSUMER CYCLICAL 86816810 A 19,860 431,200 WAL MART STORES COMMON US - CONSUMER CYCLICAL 93114210 A 985 12,000 ADC TELECOMMUNIC COMMON US - TECHNOLOGY 00088610 F 16,625 212,300 AMERICA ONLINE I COMMON CUM RIGHTS US - TECHNOLOGY 02364J10 A 980 10,000 APPLIED MATLS IN COMMON US - TECHNOLOGY 03822210 F 16,740 122,200 AUTOMATIC DATA P COMMON US - TECHNOLOGY 05301510 A 1,206 17,200 BMC SOFTWARE INC COMMON US - TECHNOLOGY 05592110 F 8,404 117,100 CISCO SYSTEMS IN COMMON US - TECHNOLOGY 17275R10 F 2,023 18,000 COMPAQ COMPUTER COMMON US - TECHNOLOGY 20449310 A 17,209 442,600 EMC CORP MASS COMMON US - TECHNOLOGY 26864810 A 10,750 58,700 ENTRUST TECHNOLO COMMON US - TECHNOLOGY 29384810 F 12,688 102,600 FIRST DATA CORP COMMON US - TECHNOLOGY 31996310 A 14,785 229,225 HEWLETT PACKARD COMMON US - TECHNOLOGY 42823610 A 26,204 136,000 IBM COMMON US - TECHNOLOGY 45920010 A 23,181 134,870 INTEL CORP COMMON US - TECHNOLOGY 45814010 F 40,425 210,800 INTUIT COMMON US - TECHNOLOGY 46120210 F 9,500 120,200 LEAP WIRELESS IN COMMON US - TECHNOLOGY 52186310 F 72 500 LSI LOGIC CORP COMMON US - TECHNOLOGY 50216110 A 84 800 LUCENT TECHNOLOG COMMON US - TECHNOLOGY 54946310 A 21,741 241,250 MCI WORLDCOM INC COMMON US - TECHNOLOGY 55268B10 F 2,320 35,231 MICROSOFT CORP COMMON US - TECHNOLOGY 59491810 F 5,143 33,300 MINNESOTA MNG & COMMON US - TECHNOLOGY 60405910 A 1,554 12,070 MOTOROLA INC COMMON CUM RIGHTS US - TECHNOLOGY 62007610 A 5,114 24,100 NTL INC COMMON US - TECHNOLOGY 62940710 F 0 2 ORACLE CORP COMMON US - TECHNOLOGY 68389X10 F 24,179 213,100 PEOPLESOFT INC COMMON US - TECHNOLOGY 71271310 F 5,677 195,300 QUALCOMM INC COMMON US - TECHNOLOGY 74752510 F 846 3,900 RAYTHEON COMPANY CLASS A COMMON US - TECHNOLOGY 75511130 A 18,485 676,000 RAYTHEON COMPANY CLASS B US - TECHNOLOGY 75511140 A 224 8,700 SUN MICROSYSTEM COMMON US - TECHNOLOGY 86681010 F 9,874 72,500 SUNGARD DATA SYS COMMON US - TECHNOLOGY 86736310 A 372 6,775 UNISYS CORPORATI COMMON US - TECHNOLOGY 90921410 A 13,449 360,200 XEROX CORP COMMON CUM RTS US - TECHNOLOGY 98412110 A 23,466 620,950

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN CALL DISCRETION MANAGERS SOLE SHARED NONE U.S. Company Company Stock - McLean Budden MEDTRONIC INC COMMON CUM RTS SOLE 2,000 NEWELL RUBBERMAI COMMON CUM RTS SOLE 292,236 PEPSICO INC COMMON SOLE 771,200 PHILIP MORRIS CO COMMON SOLE 849,567 PROCTER & GAMBLE COMMON SOLE 19,581 SARA LEE CORP COMMON CUM RTS SOLE 10,800 SCHERING PLOUGH COMMON CUM RTS SOLE 36,300 SYSCO CORP COMMON CUM RTS SOLE 2,000 TIME WARNER INC COMMON CUM RTS SOLE 2,000 TRICON GLOBAL RE COMMON CUM RIGHTS SOLE 620 USA NETWORKS INC COMMON SOLE 70,000 UST INC COMMON SOLE 48,700 WALGREEN CO COMMON CUM RTS SOLE 35,600 WARNER LAMBERT C COMMON CUM RTS SOLE 40,700 WENDYS INTL INC COMMON CUM RTS SOLE 50,475 WRIGLEY WM JR CO COMMON SOLE 2,300 ALBERTSONS INC COMMON CUM RTS SOLE 273,800 BLACK & DECKER C COMMON CUM RTS SOLE 267,500 FORD MOTOR CO COMMON SOLE 1,600 GAP INC COMMON SOLE 2,025 GENERAL MTRS COR COMMON SOLE 2,500 HOME DEPOT INC COMMON SOLE 19,400 INTIMATE BRANDS CLASS A SOLE 210 SOTHEBYS HLDGS I CLASS A SOLE 3,100 SUPERIOR INDS IN COMMON SOLE 431,200 WAL MART STORES COMMON SOLE 12,000 ADC TELECOMMUNIC COMMON SOLE 212,300 AMERICA ONLINE I COMMON CUM RIGHTS SOLE 10,000 APPLIED MATLS IN COMMON SOLE 122,200 AUTOMATIC DATA P COMMON SOLE 17,200 BMC SOFTWARE INC COMMON SOLE 117,100 CISCO SYSTEMS IN COMMON SOLE 18,000 COMPAQ COMPUTER COMMON SOLE 442,600 EMC CORP MASS COMMON SOLE 58,700 ENTRUST TECHNOLO COMMON SOLE 102,600 FIRST DATA CORP COMMON SOLE 229,225 HEWLETT PACKARD COMMON SOLE 136,000 IBM COMMON SOLE 134,870 INTEL CORP COMMON SOLE 210,800 INTUIT COMMON SOLE 120,200 LEAP WIRELESS IN COMMON SOLE 500 LSI LOGIC CORP COMMON SOLE 800 LUCENT TECHNOLOG COMMON SOLE 241,250 MCI WORLDCOM INC COMMON SOLE 35,231 MICROSOFT CORP COMMON SOLE 33,300 MINNESOTA MNG & COMMON SOLE 12,070 MOTOROLA INC COMMON CUM RIGHTS SOLE 24,100 NTL INC COMMON SOLE 2 ORACLE CORP COMMON SOLE 213,100 PEOPLESOFT INC COMMON SOLE 195,300 QUALCOMM INC COMMON SOLE 3,900 RAYTHEON COMPANY CLASS A COMMON SOLE 676,000 RAYTHEON COMPANY CLASS B SOLE 8,700 SUN MICROSYSTEM COMMON SOLE 72,500 SUNGARD DATA SYS COMMON SOLE 6,775 UNISYS CORPORATI COMMON SOLE 360,200 XEROX CORP COMMON CUM RTS SOLE 620,950

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 VALUE SHRS OR NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT U.S. Company Company Stock - McLean Budden BOEING CO COMMON US - CAPITAL GOODS 09702310 A 1,099 20,000 CORNING INCORPOR COMMON CUM RTS US - CAPITAL GOODS 21935010 A 21,402 75,900 CUMMINS ENGINE I COMMON CUM RTS US - CAPITAL GOODS 23102110 A 2,124 38,900 DIEBOLD INC COMMON CUM RTS US - CAPITAL GOODS 25365110 A 600 15,000 EMERSON ELEC CO COMMON CUM RTS US - CAPITAL GOODS 29101110 A 564 7,300 GENERAL ELEC CO COMMON US - CAPITAL GOODS 36960410 A 52,579 232,445 HONEYWELL INTL I COMMON US - CAPITAL GOODS 43851610 A 23,170 302,548 INGERSOLL RAND C COMMON CUM RTS US - CAPITAL GOODS 45686610 A 116 1,800 KENNAMETAL INC COMMON CUM RTS US - CAPITAL GOODS 48917010 A 10,688 244,600 MILLER HERMAN IN COMMON US - CAPITAL GOODS 60054410 F 8 200 UNITED TECHNOLOG COMMON US - CAPITAL GOODS 91301710 A 24,219 263,700 CHEVRON CORPORAT COMMON CUM RTS US - ENERGY 16675110 A 1,317 9,800 COHO ENERGY INC COMMON US - ENERGY 19248110 F 0 129 EXXON MOBIL CORP COMMON US - ENERGY 30231G10 A 1,509 13,320 SCHLUMBERGER LTD COMMON US - ENERGY 80685710 A 3,169 28,500 TEXACO INC COMMON CUM RTS US - ENERGY 88169410 A 266 3,400 TRANSOCEAN SEDCO ORDINARY US - ENERGY G9007810 A 10,967 147,050 AIR PRODS & CHEM COMMON CUM RTS US - BASIC MATERIALS 00915810 A 15,215 368,100 ALCOA INC COMMON US - BASIC MATERIALS 01381710 A 3,063 30,000 CONTINENTAL AIR CLASS B CUM RIGHTS US - BASIC MATERIALS 21079530 A 59 1,000 CROWN CORK & SEA COMMON CUM RTS US - BASIC MATERIALS 22825510 A 52 2,250 DOW CHEM CO COMMON US - BASIC MATERIALS 26054310 A 124 750 DU PONT E I DE N COMMON US - BASIC MATERIALS 26353410 A 46 600 FREEPORT-MCMORAN CLASS A US - BASIC MATERIALS 35671D10 A 32 2,000 NABORS INDS INC COMMON US - BASIC MATERIALS 62956810 F 158 2,800 NEWMONT MNG CORP COMMON CUM RTS US - BASIC MATERIALS 65163910 A 91 2,800 PHARMACIA CORP COMMON US - BASIC MATERIALS 71713U10 A 187 2,500 FEDEX CORPORATIO COMMON US - TRANSPORTATION 31428X10 A 14,059 249,216 SYCON CORPORATIO COMMON US - OTHER U.S. COMPANIES ESYCON 1 5,000 VENTURES WEST II US LTD PARTNERSHIP US - OTHER U.S. COMPANIES E949560 20 2,530 AT&T CORP COMMON US - COMMUNICATION SERVICES 00195710 A 22,914 279,950 RIO TINTO LIMITE AUD2 AUSTRALIA - MATERIALS 622010 X 7,101 343,800 RIO TINTO LTD SP ADR (4 ORD) AUSTRALIA - MATERIALS 76720210 F 376 4,550 NEWS CORP LTD ADR (4 ORD) AUSTRALIA - SERVICES 65248770 A 5,331 65,200 NEWS CORPORATION AUD0.50(AUST LIST) AUSTRALIA - SERVICES 688692 X 2,416 119,000 WILLIAM DEMANT H DKK5 DENMARK - SERVICES 521711 X 2,863 12,360 NOKIA CORP SP ADR (1 ORD A) FINLAND - CAPITAL EQUIPMENT 65490220 A 27,169 84,200 COMPTEL OYG NPV FINLAND - SERVICES 583121 X 1,849 11,500 STONESOFT OYJ NPV(EU) FINLAND - SERVICES 566716 X 1,061 31,000 AIR LIQUIDE ADR (0.2 ORD) FRANCE - MATERIALS 00912620 F 6,860 169,985 AIR LIQUIDE EUR11 FRANCE - MATERIALS 401140 X 5,278 26,150 ALCATEL EUR10 FRANCE - CAPITAL EQUIPMENT 421682 X 6,037 18,925 ALCATEL SP ADR (0.2 ORD) FRANCE - CAPITAL EQUIPMENT 01390430 A 6,355 97,700 DANONE EUR2 FRANCE - CONSUMER GOODS 407023 X 3,053 9,500 L OREAL CO ADR (0.2 ORD) FRANCE - CONSUMER GOODS 50211720 F 12,874 68,570 L'OREAL EUR2 FRANCE - CONSUMER GOODS 453478 X 9,484 10,100 ALTRAN TECHNOLOG EUR1 FRANCE - SERVICES 402186 X 2,464 6,945 BAYER A G SP ADR (1 ORD) GERMANY - MATERIALS 07273030 F 12,210 187,200 BAYER AG ORD NPV GERMANY - MATERIALS 506921 X 8,769 133,550 ADIDAS SALOMON A SP ADR 144A(0.5 ORD) GERMANY - CONSUMER GOODS 00687P10 F 2,387 59,150 ADIDAS-SALOMON A NPV(EU) GERMANY - CONSUMER GOODS 403197 X 2,863 35,450 BEIERSDORF AG SER A B C NPV(VAR) GERMANY - CONSUMER GOODS 510740 X 3,006 29,400 DAIMLERCHRYSLER ORD NPV (REGD) GERMANY - CONSUMER GOODS 552902 X 5,253 55,131 DAIMLERCHRYSLER ORDINARY GERMANY - CONSUMER GOODS D1668R12 H 7,936 83,439 DEUTSCHE TELEKOM NPV(REGD) GERMANY - SERVICES 584235 X 3,884 34,600 DEUTSCHE TELEKOM SP ADR (1 ORD) GERMANY - SERVICES 25156610 A 17,077 146,400 SAP AG ORD NPV GERMANY - SERVICES 484628 X 2,897 3,500

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN CALL DISCRETION MANAGERS SOLE SHARED NONE U.S. Company Company Stock - McLean Budden BOEING CO COMMON SOLE 20,000 CORNING INCORPOR COMMON CUM RTS SOLE 75,900 CUMMINS ENGINE I COMMON CUM RTS SOLE 38,900 DIEBOLD INC COMMON CUM RTS SOLE 15,000 EMERSON ELEC CO COMMON CUM RTS SOLE 7,300 GENERAL ELEC CO COMMON SOLE 232,445 HONEYWELL INTL I COMMON SOLE 302,548 INGERSOLL RAND C COMMON CUM RTS SOLE 1,800 KENNAMETAL INC COMMON CUM RTS SOLE 244,600 MILLER HERMAN IN COMMON SOLE 200 UNITED TECHNOLOG COMMON SOLE 263,700 CHEVRON CORPORAT COMMON CUM RTS SOLE 9,800 COHO ENERGY INC COMMON SOLE 129 EXXON MOBIL CORP COMMON SOLE 13,320 SCHLUMBERGER LTD COMMON SOLE 28,500 TEXACO INC COMMON CUM RTS SOLE 3,400 TRANSOCEAN SEDCO ORDINARY SOLE 147,050 AIR PRODS & CHEM COMMON CUM RTS SOLE 368,100 ALCOA INC COMMON SOLE 30,000 CONTINENTAL AIR CLASS B CUM RIGHTS SOLE 1,000 CROWN CORK & SEA COMMON CUM RTS SOLE 2,250 DOW CHEM CO COMMON SOLE 750 DU PONT E I DE N COMMON SOLE 600 FREEPORT-MCMORAN CLASS A SOLE 2,000 NABORS INDS INC COMMON SOLE 2,800 NEWMONT MNG CORP COMMON CUM RTS SOLE 2,800 PHARMACIA CORP COMMON SOLE 2,500 FEDEX CORPORATIO COMMON SOLE 249,216 SYCON CORPORATIO COMMON SOLE 5,000 VENTURES WEST II US LTD PARTNERSHIP SOLE 2,530 AT&T CORP COMMON SOLE 279,950 RIO TINTO LIMITE AUD2 SOLE 343,800 RIO TINTO LTD SP ADR (4 ORD) SOLE 4,550 NEWS CORP LTD ADR (4 ORD) SOLE 65,200 NEWS CORPORATION AUD0.50(AUST LIST) SOLE 119,000 WILLIAM DEMANT H DKK5 SOLE 12,360 NOKIA CORP SP ADR (1 ORD A) SOLE 84,200 COMPTEL OYG NPV SOLE 11,500 STONESOFT OYJ NPV(EU) SOLE 31,000 AIR LIQUIDE ADR (0.2 ORD) SOLE 169,985 AIR LIQUIDE EUR11 SOLE 26,150 ALCATEL EUR10 SOLE 18,925 ALCATEL SP ADR (0.2 ORD) SOLE 97,700 DANONE EUR2 SOLE 9,500 L OREAL CO ADR (0.2 ORD) SOLE 68,570 L'OREAL EUR2 SOLE 10,100 ALTRAN TECHNOLOG EUR1 SOLE 6,945 BAYER A G SP ADR (1 ORD) SOLE 187,200 BAYER AG ORD NPV SOLE 133,550 ADIDAS SALOMON A SP ADR 144A(0.5 ORD) SOLE 59,150 ADIDAS-SALOMON A NPV(EU) SOLE 35,450 BEIERSDORF AG SER A B C NPV(VAR) SOLE 29,400 DAIMLERCHRYSLER ORD NPV (REGD) SOLE 55,131 DAIMLERCHRYSLER ORDINARY SOLE 83,439 DEUTSCHE TELEKOM NPV(REGD) SOLE 34,600 DEUTSCHE TELEKOM SP ADR (1 ORD) SOLE 146,400 SAP AG ORD NPV SOLE 3,500

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 VALUE SHRS OR NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT U.S. Company Company Stock - McLean Budden SAP AKTIENGESELL SP ADR (1/12 ORD) GERMANY - SERVICES 80305420 A 14,469 166,600 CONSORS DISCOUNT NPV GERMANY - FINANCE 566634 X 3,550 18,100 DEUTSCHE BANK A SP ADR (1 ORD) GERMANY - FINANCE 25152530 F 9,842 101,900 DEUTSCHE BANK AG NPV(EU) REG GERMANY - FINANCE 575035 X 5,990 62,000 JOHNSON ELEC HLD SP ADR (10 ORD) HONG KONG - CAPITAL EQUIPMENT 47908720 F 2,602 26,180 JOHNSON ELEC HLD HKD0.05 HONG KONG - CAPITAL EQUIPMENT 612633 X 3,748 377,000 TOMMY HILFIGER C ORD HONG KONG - CONSUMER GOODS G8915Z10 A 21 1,000 HSBC HLDGS PLC SP ADR(5 ORD) HONG KONG - FINANCE 40428040 F 1,329 15,000 INFOSYS TECHN LT SP ADR 1/2 SH INDIA - SERVICES 45678810 F 1,313 4,680 LUXOTTICA GROUP SP ADR (1 ORD) ITALY - CONSUMER GOODS 55068R20 A 7,428 208,600 BCA FIDEURAM SPA ITL500 ITALY - FINANCE 407963 X 3,344 157,300 UNICREDITO ITALI ITL500 ITALY - FINANCE 423244 X 6,268 1,083,100 SHIN-ETSU CHEM C JPY50 JAPAN - MATERIALS 680458 X 2,117 24,000 CANON INC ADR (1 ORD) JAPAN - CAPITAL EQUIPMENT 13800630 F 14,849 236,900 CANON INC JPY50 JAPAN - CAPITAL EQUIPMENT 617232 X 8,570 136,000 CRAYFISH CO LTD SP ADR JAPAN - CAPITAL EQUIPMENT 22522610 F 525 9,500 KEYENCE CORP JPY50 JAPAN - CAPITAL EQUIPMENT 649099 X 26 44 MATSUSHITA COMM JPY50 JAPAN - CAPITAL EQUIPMENT 657266 X 6,958 26,000 MINEBEA CO JPY50 JAPAN - CAPITAL EQUIPMENT 664240 X 908 47,000 MINEBEA LTD SP ADR (5 ORD) JAPAN - CAPITAL EQUIPMENT 60272530 F 6,389 165,200 MURATA MANUFACTN JPY50 JAPAN - CAPITAL EQUIPMENT 661040 X 9,009 25,500 NEC CORP ADR (5 ORD) JAPAN - CAPITAL EQUIPMENT 62905020 F 15,362 71,200 NEC CORP JPY50 JAPAN - CAPITAL EQUIPMENT 664040 X 9,053 211,000 ROHM CO JPY50 JAPAN - CAPITAL EQUIPMENT 674720 X 7,027 13,900 SMC CORP JPY50 JAPAN - CAPITAL EQUIPMENT 676396 X 1,248 4,100 SOFTBANK CORP JPY50 JAPAN - CAPITAL EQUIPMENT 677062 X 3,239 2,500 TDK CORP JPY50 JAPAN - CAPITAL EQUIPMENT 686930 X 158 800 TREND MICRO INC SPONSORED ADR JAPAN - CAPITAL EQUIPMENT 89486M10 F 1,341 53,100 KAO CORP JPY50 JAPAN - CONSUMER GOODS 648380 X 6,091 137,000 KAO CORPORATION ADR (10 ORD) JAPAN - CONSUMER GOODS 48553720 F 5,429 12,200 SONY CORP ADR (1 ORD) JAPAN - CONSUMER GOODS 83569930 A 34,792 85,450 NIPPON TEL&TEL C JPY50000 JAPAN - SERVICES 664137 X 11,148 483 NIPPON TELEG & T SP ADR (0.005 ORD) JAPAN - SERVICES 65462410 A 15,086 131,690 TOKYO BROADCASTI JPY50 JAPAN - SERVICES 689416 X 918 16,000 BK OF TOKYO-MITS SP ADR (1 ORD) JAPAN - FINANCE 06537910 A 12,973 629,100 BK OF TOKYO-MITS JPY50 JAPAN - FINANCE 607036 X 12,422 598,000 NIKKO SECURITIES ADR (10 ORD) JAPAN - FINANCE 65410720 F 10,725 48,700 NIKKO SECURITIES JPY50 JAPAN - FINANCE 664028 X 11,112 505,000 NOMURA SECS LTD ADR (10 ORD) JAPAN - FINANCE 65536130 F 8,166 17,200 KIMBERLY CLARK M SP ADR (2 ORD A) MEXICO - CONSUMER GOODS 49438620 F 4,707 188,400 TELEFONOS DE MEX SP ADR (20 SER L) MEXICO - SERVICES 87940378 A 8,367 86,400 ROYAL DUTCH PETR NLG1.25 (BR) NETHERLANDS - ENERGY 520270 X 7,346 86,550 ROYAL DUTCH PETR NLG1.25(NY REGD) NETHERLANDS - ENERGY 78025780 A 17,149 204,080 ASM LITHOGRAPHY N Y SHS NETHERLANDS - CAPITAL EQUIPMENT N0705911 F 11,646 71,700 UNILEVER N.V NY SHARES(1 ORD) NETHERLANDS - CONSUMER GOODS 90478470 A 601 8,599 UNILEVER NV NLG1.12 NETHERLANDS - CONSUMER GOODS 564089 X 359 5,000 AHOLD (KON) NV NLG0.50 NETHERLANDS - SERVICES 525260 X 2,232 59,000 EQUANT N V NY REG SHS NETHERLANDS - SERVICES 29440910 A 915 7,400 FOX KIDS EUROPE EUR0.25 NETHERLANDS - SERVICES 581612 X 933 30,500 KONINKLIJKE AHOL SP ADR (1 ORD) NETHERLANDS - SERVICES 50046730 A 10,473 271,900 UTD PAN-EUROPE C EUR1'A'SHS NETHERLANDS - SERVICES 593133 X 6,881 101,300 UTD PAN-EUROPE C SP ADR(1 CLASS A) NETHERLANDS - SERVICES 91130020 F 7,539 104,650 ING GROEP N V SP ADR (1 COM) NETHERLANDS - FINANCE 45683710 A 6,423 80,350 ING GROEP NV CVA NLG1 NETHERLANDS - FINANCE 505887 X 4,803 61,000 PETROLEUM GEO-SV SP ADR (1 ORD) NORWAY - CAPITAL EQUIPMENT 71659710 A 6,448 256,250 BK OF PHILIP ISL PHP10 PHILIPPINES - FINANCE 607496 X 862 260,500 DBS GROUP HLDGS SGD1 SINGAPORE - FINANCE 617520 X 3,664 190,869

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN CALL DISCRETION MANAGERS SOLE SHARED NONE U.S. Company Company Stock - McLean Budden SAP AKTIENGESELL SP ADR (1/12 ORD) SOLE 166,600 CONSORS DISCOUNT NPV SOLE 18,100 DEUTSCHE BANK A SP ADR (1 ORD) SOLE 101,900 DEUTSCHE BANK AG NPV(EU) REG SOLE 62,000 JOHNSON ELEC HLD SP ADR (10 ORD) SOLE 26,180 JOHNSON ELEC HLD HKD0.05 SOLE 377,000 TOMMY HILFIGER C ORD SOLE 1,000 HSBC HLDGS PLC SP ADR(5 ORD) SOLE 15,000 INFOSYS TECHN LT SP ADR 1/2 SH SOLE 4,680 LUXOTTICA GROUP SP ADR (1 ORD) SOLE 208,600 BCA FIDEURAM SPA ITL500 SOLE 157,300 UNICREDITO ITALI ITL500 SOLE 1,083,100 SHIN-ETSU CHEM C JPY50 SOLE 24,000 CANON INC ADR (1 ORD) SOLE 236,900 CANON INC JPY50 SOLE 136,000 CRAYFISH CO LTD SP ADR SOLE 9,500 KEYENCE CORP JPY50 SOLE 44 MATSUSHITA COMM JPY50 SOLE 26,000 MINEBEA CO JPY50 SOLE 47,000 MINEBEA LTD SP ADR (5 ORD) SOLE 165,200 MURATA MANUFACTN JPY50 SOLE 25,500 NEC CORP ADR (5 ORD) SOLE 71,200 NEC CORP JPY50 SOLE 211,000 ROHM CO JPY50 SOLE 13,900 SMC CORP JPY50 SOLE 4,100 SOFTBANK CORP JPY50 SOLE 2,500 TDK CORP JPY50 SOLE 800 TREND MICRO INC SPONSORED ADR SOLE 53,100 KAO CORP JPY50 SOLE 137,000 KAO CORPORATION ADR (10 ORD) SOLE 12,200 SONY CORP ADR (1 ORD) SOLE 85,450 NIPPON TEL&TEL C JPY50000 SOLE 483 NIPPON TELEG & T SP ADR (0.005 ORD) SOLE 131,690 TOKYO BROADCASTI JPY50 SOLE 16,000 BK OF TOKYO-MITS SP ADR (1 ORD) SOLE 629,100 BK OF TOKYO-MITS JPY50 SOLE 598,000 NIKKO SECURITIES ADR (10 ORD) SOLE 48,700 NIKKO SECURITIES JPY50 SOLE 505,000 NOMURA SECS LTD ADR (10 ORD) SOLE 17,200 KIMBERLY CLARK M SP ADR (2 ORD A) SOLE 188,400 TELEFONOS DE MEX SP ADR (20 SER L) SOLE 86,400 ROYAL DUTCH PETR NLG1.25 (BR) SOLE 86,550 ROYAL DUTCH PETR NLG1.25(NY REGD) SOLE 204,080 ASM LITHOGRAPHY N Y SHS SOLE 71,700 UNILEVER N.V NY SHARES(1 ORD) SOLE 8,599 UNILEVER NV NLG1.12 SOLE 5,000 AHOLD (KON) NV NLG0.50 SOLE 59,000 EQUANT N V NY REG SHS SOLE 7,400 FOX KIDS EUROPE EUR0.25 SOLE 30,500 KONINKLIJKE AHOL SP ADR (1 ORD) SOLE 271,900 UTD PAN-EUROPE C EUR1'A'SHS SOLE 101,300 UTD PAN-EUROPE C SP ADR(1 CLASS A) SOLE 104,650 ING GROEP N V SP ADR (1 COM) SOLE 80,350 ING GROEP NV CVA NLG1 SOLE 61,000 PETROLEUM GEO-SV SP ADR (1 ORD) SOLE 256,250 BK OF PHILIP ISL PHP10 SOLE 260,500 DBS GROUP HLDGS SGD1 SOLE 190,869

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 VALUE SHRS OR NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT U.S. Company Company Stock - McLean Budden TERRA NETWORKS S EUR2 SPAIN - SERVICES 581372 X 1,054 9,000 BCO SANT CENT HI EUR0.50(REGD) SPAIN - FINANCE 570594 X 2,367 151,500 ERICSSON L M TEL ADR CLASS B SEK10 SWEDEN - CAPITAL EQUIPMENT 29482140 F 9,736 71,400 ERICSSON(LM)TEL SEK2.50 SER'B' SWEDEN - CAPITAL EQUIPMENT 432155 X 7,290 57,000 ASTRAZENECA ORD USD0.25 SWEDEN - CONSUMER GOODS 565990 X 593 10,090 NESTLE S A SP ADR (0.05 ORD) SWITZERLAND - CONSUMER GOODS 64106940 F 11,266 86,500 NESTLE SA CHF10(REGD) SWITZERLAND - CONSUMER GOODS 461669 X 5,510 2,115 NOVARTIS A G SP ADR (0.05 ORD) SWITZERLAND - CONSUMER GOODS 66987V10 F 9,344 94,000 NOVARTIS AG CHF20(REGD) SWITZERLAND - CONSUMER GOODS 504783 X 4,718 2,373 ROCHE HLDG LTD SP ADR (.01 ORD) SWITZERLAND - CONSUMER GOODS 77119510 F 7,373 46,700 ROCHE HLDGS AG GENUSSCHEINE NPV SWITZERLAND - CONSUMER GOODS 474577 X 7,374 467 BG GROUP ORD 10P UNITED KINGDOM - ENERGY 087628 X 0 1 BP AMOCO ORD USD0.25 UNITED KINGDOM - ENERGY 079805 X 5,439 409,800 BP AMOCO PLC ADR (6 ORDS) UNITED KINGDOM - ENERGY 05562210 A 13,320 172,100 RIO TINTO PLC ADR (4 ORD) UNITED KINGDOM - MATERIALS 76720410 A 14,685 141,800 BRIT AMER TOBACC ORD 25P UNITED KINGDOM - CONSUMER GOODS 028758 X 2,780 348,000 BRITISH AMER TOB SPONSORED ADR UNITED KINGDOM - CONSUMER GOODS 11044810 B 3,964 256,700 DIAGEO ORD 28 101/108P UNITED KINGDOM - CONSUMER GOODS 023740 X 5,244 481,100 DIAGEO P L C SP ADR (4 ORD) UNITED KINGDOM - CONSUMER GOODS 25243Q20 A 10,009 228,587 GLAXO WELLCOME ORD 25P UNITED KINGDOM - CONSUMER GOODS 037178 X 7,007 168,700 GLAXO WELLCOME P SP ADR (2 ORD) UNITED KINGDOM - CONSUMER GOODS 37733W10 A 11,937 143,300 BRITISH SKY BRDC ORD 50P UNITED KINGDOM - SERVICES 014119 X 5,378 140,000 BRITISH SKY BROA SP ADR (6 ORD) UNITED KINGDOM - SERVICES 11101310 A 7,716 33,400 PSION ORD 5P UNITED KINGDOM - SERVICES 070954 X 1,445 15,000 REUTERS GROUP PL ADR (6 ORD) UNITED KINGDOM - SERVICES 76132M10 F 2,234 12,873 TELEWEST COMMS ORD 10P UNITED KINGDOM - SERVICES 065445 X 5,872 527,000 TELEWEST COMMUN SP ADR (10 ORD) UNITED KINGDOM - SERVICES 87956P10 F 5,736 46,700 VODAFONE AIRTOUC ORD USD0.10 UNITED KINGDOM - SERVICES 071921 X 6,762 838,500 VODAFONE AIRTOUC SP ADR (10 ORD) UNITED KINGDOM - SERVICES 92857T10 A 8,036 99,500 WPP GROUP ORD 10P UNITED KINGDOM - SERVICES 097404 X 3,499 137,200 WPP GROUP PLC SP ADR (10 ORD) UNITED KINGDOM - SERVICES 92930930 F 12,881 103,200 AMVESCAP ORD 25P UNITED KINGDOM - FINANCE 012826 X 2,930 148,500 AMVESCAP PLC SP ADR (5 ORD) UNITED KINGDOM - FINANCE 03235E10 A 10,206 98,900 LEGAL & GENERAL ORD 2.5P UNITED KINGDOM - FINANCE 056039 X 2,150 571,000 LLOYDS TSB GROUP ORD 25P UNITED KINGDOM - FINANCE 087061 X 5,385 351,500 NATL WESTMINISTE SP ADR UNITED KINGDOM - FINANCE 63853988 A 29 900

Form 13F INFORMATION TABLE COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER PRN CALL DISCRETION MANAGERS SOLE SHARED NONE U.S. Company Company Stock - McLean Budden TERRA NETWORKS S EUR2 SOLE 9,000 BCO SANT CENT HI EUR0.50(REGD) SOLE 151,500 ERICSSON L M TEL ADR CLASS B SEK10 SOLE 71,400 ERICSSON(LM)TEL SEK2.50 SER'B' SOLE 57,000 ASTRAZENECA ORD USD0.25 SOLE 10,090 NESTLE S A SP ADR (0.05 ORD) SOLE 86,500 NESTLE SA CHF10(REGD) SOLE 2,115 NOVARTIS A G SP ADR (0.05 ORD) SOLE 94,000 NOVARTIS AG CHF20(REGD) SOLE 2,373 ROCHE HLDG LTD SP ADR (.01 ORD) SOLE 46,700 ROCHE HLDGS AG GENUSSCHEINE NPV SOLE 467 BG GROUP ORD 10P SOLE 1 BP AMOCO ORD USD0.25 SOLE 409,800 BP AMOCO PLC ADR (6 ORDS) SOLE 172,100 RIO TINTO PLC ADR (4 ORD) SOLE 141,800 BRIT AMER TOBACC ORD 25P SOLE 348,000 BRITISH AMER TOB SPONSORED ADR SOLE 256,700 DIAGEO ORD 28 101/108P SOLE 481,100 DIAGEO P L C SP ADR (4 ORD) SOLE 228,587 GLAXO WELLCOME ORD 25P SOLE 168,700 GLAXO WELLCOME P SP ADR (2 ORD) SOLE 143,300 BRITISH SKY BRDC ORD 50P SOLE 140,000 BRITISH SKY BROA SP ADR (6 ORD) SOLE 33,400 PSION ORD 5P SOLE 15,000 REUTERS GROUP PL ADR (6 ORD) SOLE 12,873 TELEWEST COMMS ORD 10P SOLE 527,000 TELEWEST COMMUN SP ADR (10 ORD) SOLE 46,700 VODAFONE AIRTOUC ORD USD0.10 SOLE 838,500 VODAFONE AIRTOUC SP ADR (10 ORD) SOLE 99,500 WPP GROUP ORD 10P SOLE 137,200 WPP GROUP PLC SP ADR (10 ORD) SOLE 103,200 AMVESCAP ORD 25P SOLE 148,500 AMVESCAP PLC SP ADR (5 ORD) SOLE 98,900 LEGAL & GENERAL ORD 2.5P SOLE 571,000 LLOYDS TSB GROUP ORD 25P SOLE 351,500 NATL WESTMINISTE SP ADR SOLE 900

1.00 US = 1.453500 CA ON 31MAR00 1.00 GB = 2.314100 CA ON 31MAR00 1.00 DE = 0.711300 CA ON 31MAR00 1.00 FR = 0.212100 CA ON 31MAR00 1.00 CH = 0.874300 CA ON 31MAR00 1.00 NL = 0.631300 CA ON 31MAR00 1.00 IT = 0.000718 CA ON 31MAR00 1.00 JP = 0.014160 CA ON 31MAR00 1.00 AU = 0.882100 CA ON 31MAR00 1.00 HK = 0.186700 CA ON 31MAR00 1.00 SG = 0.849300 CA ON 31MAR00 1.00 DK = 0.186800 CA ON 31MAR00 1.00 PH = 0.035410 CA ON 31MAR00 1.00 SE = 0.168500 CA ON 31MAR00 1.00 EU = 1.391100 CA ON 31MAR00 Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 -------------------- Form 13F Information Table Entry Total: -------------------- Form 13F Information Table Value Total: $ -------------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 28- McLean Budden ------ ----------------- --------------------------------- [Repeat as necessary.]